Standard Operating Procedure Law Effective April 20, 2022 Impacts All Brokerages
Recently, a number of laws have been passed in New York State pertaining to Fair Housing and these laws have a significant impact on real estate licensees. One of these laws requires real estate brokers who service residential homebuyers to create and publish “Standardized Operating Procedures” (the “SOP Law”) for their brokerage offices so that prospective purchasers understand what will be required from them when working with a real estate broker. There is some confusion surrounding the “SOP Law” because it was amended by a “Chapter Amendment” that was signed into law on March 18, 2022. The Chapter Amendment for the SOP Law gives the New York State Department of State (the “DOS”) the ability to hold public hearings and provide further regulatory guidance on the requirements of the SOP Law. Learn more.
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Reasonable Modification and Accommodation Regulations Published by the Division of Human Rights
On December 2, 2020 Governor Cuomo signed into law a new “Reasonable Modification and Accommodation” tenant disclosure and notice requirement for “housing accommodations”. The new law adds two new paragraphs 2-b and 18-a to section 296 of the Executive Law (also known as the Human Rights Law). The requirement only applies to the rental of a “housing accommodation” and does not apply to other types of rentals or any purchase of real estate. It should be noted that paragraph 2-b and 18-a have identical requirements but 2-b is applicable to “publicly-assisted housing accommodations” and 18-a applies to all other “housing accommodations”. Learn more.
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Call for Candidates
LIBOR is pleased to announce its applications for 2023 Officer and 2023/2024 Director At-large are now live! Apply to be a leader at LIBOR and help shape the future of your association, HERE. Deadline to apply is April 15, 2022.
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NAR Report Shows Share of Millennial Home Buyers Continues to Rise
The share of millennial homebuyers increased significantly last year. They now make up 43% of home buyers—the most of any generation. This is according to the latest study from NAR’s 2022 Home Buyer and Seller Generational Trends report, which examines the similarities and differences of recent home buyers and sellers across generations. View the report, HERE.
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REALTOR® Janay Malloy Named Honoree of Long Island Business News' Diversity in Business Awards
Congratulations to REALTOR® and LIBOR Diversity, Equity and Inclusion Committee Vice-Chair Janay Malloy on being named an honoree of LIBN’s Diversity in Business Awards. The Diversity in Business Awards highlights the outstanding achievements of professionals of diverse backgrounds and abilities and those who actively support the growth of diversity and equality in our communities. Learn more about Malloy's contributions and commitment to promoting diversity within the real estate industry, HERE.
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LIBOR Hosts Leadership Kick-off Event
LIBOR was proud to host its Leadership Kick-Off on March 16 at Oheka Castle in Huntington, NY. We look forward to engaging with our leaders and members in the coming months! View scenes from the event, HERE.
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March is Global Success Month!
LIBOR is excited to once again bring Global to the forefront in collaboration with Miami Association of REALTORS®, Northern Virginia Association of REALTORS® and North Carolina Association of REALTORS®. Throughout this month, LIBOR will be bringing you fresh global content and providing tips and tools to help you succeed in the global arena. This week, learn all about LIBOR's International Residential Transactions! View the report HERE.
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NAR Real Estate Forecast Summit
What’s new and next in commercial real estate? Find out during the virtual NAR Forecast Summit with NAR Chief Economist Lawrence Yun and guest economists on March 30. Registration is free. Learn more, and register HERE.
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Didn’t Meet Your 2021 COE Requirement?
There’s still time to fulfill your NAR Code of Ethics Requirement if you missed the 2021 deadline. Act now to get your member benefits and services reinstated! Learn more HERE.
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Registration Open for the 2022 REALTORS® Legislative Meetings
The 2022 National Association of REALTORS® Legislative Meetings are scheduled to be held May 1-6, 2022 in National Harbor, Maryland. Learn more and register, HERE.
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Lenovo
NAR members, refresh your tech during Lenovo’s Spring Clearance sale. Receive the best deals on Legion Gaming PCs and accessories, YOGA convertibles, PLUS an additional 15% off select ThinkPad business-class laptops. Earn 3x MyLenovo Rewards on Logitech products from, now through March 31! Sign-up is easy and free. Log in with your Member ID to shop, save, earn! Learn more.
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Pricing Strategies For Listings & Listing Presentation
Thursday, Mar 24, 9:00AM - 1:00PM
4 Hrs. CE
Stratus Demo: Become a MLS Listing Expert
Friday, Mar 25, 10:00AM- 1:00PM
3 Hrs. CE
Fair Housing Laws
Monday, Mar 28, 10:00AM - 1:00PM
3 Hrs. CE
Homesnap Mobile: Invite Everyone to Stay Connected
Monday, Mar 28, 2:00PM- 4:00PM
2 Hrs. CE
New Agent Tech Overview
Tuesday, Mar 29, 2:00PM - 4:00PM
2 Hrs. CE
Success with 203K Purchase/Rehab Transactions
Wednesday, Mar 30, 1:00PM - 4:45PM
3.75 Hrs. CE
Improve Your CMMA Skills With Stratus & RPR
Wednesday, Mar 30, 2:00PM - 4:00PM
2 Hrs. CE
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Network
Setting clear expectations and staying in regular communication can go a long way to alleviating buyers’ concerns. Get specific tips for quelling nerves and ensuring a smooth process.
Wellness
Five inclusive language considerations to promote mental health at work.
Home Organizing
A professional organizer shares questions that can help you decide what to do with those items in your ‘maybe keep’ pile.
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Governor Hochul Extends State of Emergency
On March 16, Governor Hochul issued an Executive Order extending New York’s COVID-related state of emergency through April 15. As a result, real estate licensees are still prohibited from making any cold calls to the public. NYSAR and a coalition of businesses impacted by the telemarketing ban continue to meet with state lawmakers advocating for a change in the law that would limit the restrictions.
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New York’s Climate Action Council Releases Public Hearing Schedule
New York’s Climate Action Council released its public hearing schedule this week. A total of 10 hearings are scheduled to take place at varying locations across the state with one hearing being held virtually between the dates of April 5 and May 11, 2022. The Council plans to make recommendations to the state Legislature and governor on steps to reduce carbon emissions statewide, including phasing out the use of natural gas and other fossil fuels in homes as soon as 2024. NYSAR has serious concerns with the Council’s Draft Scoping Plan, which was released in December of 2021, due to its lack of analysis on costs to homeowners and uncertainty in the state’s electric energy grid to handle such a transition in the timeframe being proposed, among other concerns. To learn more and view past meetings click HERE.
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Young Professionals Network
Date: March 29, 2022
Time: 6:00 PM
Speaker: Marc Williams
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